The robber baron owners of the Oklahoma City Thunder, Clay Bennett & Co., agreed to pay former Sonics season-ticket holders $1.6 million to essentially go away.
It's now awaiting approval from a federal judge.
Basically, 1,000 former Sonic ticket-holders filed a class-action lawsuit alleging when the team was ripped from the Emerald City and moved to Oklahoma, they reneged a deal to let them renew their tickets at 2006-07 prices through 2010.
The fans argued if they were allowed to transfer tickets to OKC's Ford Center, they could have resold them at higher prices.
Two years after the Sonic fans had their collective hearts crushed, they finally got something. But that's going to be the last basketball-related win for a while.
Even with five or six potential NBA franchises available for sale (Memphis with prior Northwest ties included) Seattle doesn't show up as a blip for a new franchise.
It's a simple reason why. Seattle does not have a modernized arena paid for by taxpayers, and there is no political will to devote public money to such a project.
Enjoy the tiny win Seattle, and get ready, Spring Training starts soon.
1 comment:
Boo! I want my Sonics back!
Yay for a baby win Sonics Fans. Hang in there. Maybe someday you'll get that team back.
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